Home » Accounting » EVALUATION OF FACTORS AFFECTING THE CONCEPT OF PROFITABLE AS A GUIDE TO POLICY D...
EVALUATION OF FACTORS AFFECTING THE CONCEPT OF PROFITABLE AS A GUIDE TO POLICY DECISION
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 56 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,362 times
Delivery: Within 24 hoursEVALUATION OF FACTORS AFFECTING THE CONCEPT OF PROFITABLE AS A GUIDE TO POLICY DECISION
- TABLE OF CONTENT
Cover page
Title page
Approval page
Dedication
Acknowledgement
Proposal
Table of content
CHAPTER ONE
INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Purpose of the study
1.4 Research question
1.5 Statement of hypothesis
1.6 Significance of the study
1.7 Scope and limitation of the study
1.8 Definition of terms
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Cost
2.2 Uses of cost data
2.3 Methods of inventory control
2.4 Costing methods
2.5 Costing techniques
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Area of the study
3.2 Population of the study
3.3 Sample and sampling determination
3.4 Instrument of data collection
3.5 Validation of the instrument
3.6 Reliability of the instrument
3.7 Administration of research instrument
3.8 Method of data analysis
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
CHAPTER FIVE
FINDINGS, CONLUSION AND RECOMMENDATIONS.
5.1 Findings
5.2 Conclusion
5.3 Implications
5.4 Recommendations
Bibliography
Appendix
CHAPTER ONE
INTRODUCTION
1.1 BACK GROUND OF STUDY
According to Harper (1977) the concept of profitability can be defined as the concept which provides management with alternative course of action in accordance with the various degrees of profitability stating clearly in relevant cost account form individual projects which enables management to select the most profitable.
Most of the policy decision of manufacturing industries are generally directed towards profitability. Policy decisions made under this concept has a direct effect of increasing and enhancing the general profitability of the manufacturing industries concerned.
The origin of this concept can be traced back to the era of industrial revolution. Prior to this era, industrial were run as family concerns but with the industrial revolution, most business grew from the usual family arrangement to large groups. Resources were pulled together and handed over to other people to manage for the owner’s.
Naturally, resource owners must expect a profitable returns from the investments, this urgent obligations forced management to seek ways of carrying out their activities so as to make profitable returns to the resource owners. Investment grew in all dimension until the first and second world wars, one would have expected that after the world war industrialization would have been abandoned but as we have seen today, this was fortunately far from being so. Rather a large number of manufacturing industries grew in importance and also in complexity all in a bid to meet the demands and standard set by the developed countries.
Enough quantity of materials had to be bought and at the same time later which is a very vital commodity had to be allowed to operate in a conducive environment so as to enjoy the benefits of hiring labour prior to commencement or an expansion the manufacturing industry must move with the changing technology, meet it social responsibilities, operate under government stipulations, pay tax as and when due and meet the expectations of the shareholders.
High administrative cost, cost of changing technology, fierce competition, scarce resource, falling economy, cost of government restrictions, the need for maximization of shareholders wealth, poor capitalize etc must be accommodated and adjusted in such a way that total cost of manufacturing a product will not only be less than sales renew but give a good profit margin.
This stipulation of operating under many uncompromising variables gave rise to the need for policy decision on such things as siting an industry.
- Expansion of an existing industry
- Introduction of a new product
- A change in production design
- Sell or process further
- Close down.
- The nature of this research project requires theoretical approach and analysis which will cover the three dimensional focus of the research, the research focus on the three major areas are;
- The economical factor affecting the concept of profitability as a guide to a policy decision.
- The Endogenous factor affecting the concept
- The political factors.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE IMPACT OF FINANCIAL LITERACY ON THE PERFORMANCE OF SMALL SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Small scale enterprises' (SSEs) contribution to the national economy should not be undervalued...More »
Item Type: Project Material | 54 pages | 924 engagements |
- 2.
THE EFFECT OF GOOD RECORD MANAGEMENT IN ORGANIZATIONAL PERFORMANCE IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Since time immemorial, information has been considered an essential resource for all types of orga...More »
Item Type: Project Material | 54 pages | 454 engagements |
- 3.
A STUDY ON THE IMPLICATIONS OF ETHICS IN FINANCIAL REPORTING ON MONEY DEPOSIT BANKS IN LAGOS
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The idea that an entity's financial statements are subject to a set of rules dictated by estab...More »
Item Type: Project Material | 54 pages | 514 engagements |
- 4.
AN APPRAISAL OF GLOBAL HEALTH INITIATIVE IN RESPONSE TO PREVENTION TO PANDEMIC DISEASE IN NORTH WEST...
CHAPTER ONE INTRODUCTION Background of the study The Global Health Initiative (GHI) aims to enhance the effectiveness and influence of all U.S. for...More »
Item Type: Assignment | 54 pages | 859 engagements |
- 5.
THE ROLE OF FINANCIAL ANALYSIS IN MANAGEMENT CONTROL
THE ROLE OF FINANCIAL ANALYSIS IN MANAGEMENT CONTROL CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Financial analysis is the process of revi...More »
Item Type: Project Material | 60 pages | 0 engagements |
- 6.
THE ROLE OF AUDITORS IN A DEPRESSED ECONOMY (A CASE STUDY OF SELECTED BANKS)
THE ROLE OF AUDITORS IN A DEPRESSED ECONOMY (A CASE STUDY OF SELECTED BANKS) CHAPTER ONE 1.0 INTRODUCTION In the 60’s especially before the civil wa...More »
Item Type: Project Material | 53 pages | 2,412 engagements |